This 4-bedroom, 4-bathroom residential multi family at 612 Mechanic Street in Alton, IL is listed for $119,000 ($75 per sqft). Built in 1901, the home offers 1,594 sqft of living space on a 0.17 acres lot.
Key Features
Built in 1901
0.17 acre lot
2 stories
Property Details
2 stories
4 full
1901
Amenities
A/C
Listing Description
Investment Opportunity - 4-Unit Multi-Family Property. Each unit features 1 bedroom and 1 bathroom, offering comfortable and efficient living spaces. This property has a strong rental history, with 3 of the 4 units currently occupied by long-term tenants. The vacant unit presents an opportunity for owner-occupancy or to set a new rental rate at current market values. Centrally situated, tenants enjoy convenient access to shopping and dining, making it a desirable location for renters.
Monthly Cost Estimate
$636/mo
20% down · 6.5% · 30 years
Principal$86
Interest$516
Insurance$35
Estimates only. Actual payments may vary.
Location
612 Mechanic Street
Alton, IL 62002
City/Alton Proper
Property Details
Construction
Vinyl Siding
Heating
Forced Air
Cooling
Window Unit(s)
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 612 Mechanic Street is listed at $119,000 ($75/sqft). The estimated monthly payment is $637 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1901, 0.17 acre lot, 2 stories.
This property is listed by Jason Jackson.
JJ
Jason Jackson
Agent at Tarrant & Harman Real Estate and Auction Co.
